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Randomized response technique: The procedure for collecting the information on sensitive issues by means of the survey, in which an element of chance is introduced as to what query a respondent has to answer. In the survey about abortion, for instance, a woman may be posed both the questions 'have you had an abortion' and 'have you never had an abortion', and is asked to respond to one or the other depending on the outcome of a randomizing device in her control. The response is now not revealing since no one except the respondent knows which question has been answered. Yet the data attained can be used to estimate the quantities of interest, here, for instance, the proportion of women who have had an abortion (π); if the probability of selecting the question 'have you had an abortion', P, is known and is not equal to 0.5. If y is the proportion of 'yes' answers to this question in a random sample of n respondents, one estimator of π can be given by the following formula This estimator is unbiased and has the variance, V
Ask quesoil company is considering whether or not to bid for an offshore drilling contract. If they bid, the value would be $600m with a 65% chance of gaining the contract. The com
Least significant difference test is an approach to comparing a set of means which controls the family wise error rate at some specific level, let's assume it to be α. The hypothe
Concordant mutations test : A statistical test used in the cancer studies to determine whether or not a diagnosed second primary tumour is biologically independent of the original
importance of mathamatical expection in business
Cohort study : An investigation in which the group of individuals (or the cohort) is identi?ed and followed prospectively, possibly for many years, and their subsequent medical his
Multi dimensional unfolding is the form of multidimensional scaling applicable to both the rectangular proximity matrices where the rows and columns refer to the different sets of
Primary Model Below is a regression analysis without 17 outliers that have been removed Regression Analysis: wfood versus totexp, income, age, nk The regression equat
Genetic algorithms: The optimization events motivated by the biological analogies. The prime idea is to try to mimic the 'survival of the fittest' rule of the genetic mutation in
Infant mortality rate is the ratio of the number of deaths during the calendar year among the infants under one year of age to the total number of live births during that particul
The Null Hypothesis - H0: γ 1 = γ 2 = ... = 0 i.e. there is no heteroscedasticity in the model The Alternative Hypothesis - H1: at least one of the γ i 's are not equal
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